© business-standard.comCBI books 51 entities for transferring Rs 1,038 cr black money to Hong Kong
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The Central Bureau of Investigation has registered a case against 48 Chennai-based companies, three individuals and unknown officials of various banks for having allegedly transferred ₹1,038.34 crore in unaccounted cash to Hong Kong in 2014-15.
Bank accounts opened in the names of these companies were allegedly used to receive money from a large number of accounts in different parts of the country and divert it to the accounts of several firms in Hong Kong.
The three individuals have been identified as Mohammad Ibramsa Johny, a resident of Sivaganga and Zinta Midhar and Nizamuddin from Chennai.